At one point of time I was tempted to invest into this coin as there was so much of hype and shill marketing but decided not to invest and I am happy I didnt invest into it as i believe there shouldn't be any capping for investors to sell their presale tokens and also they didn't list in any major exchanges which shows that their hype were just an marketing gimmick to pool in more investors.
Every investment we make in the world of Cryptocurrency has the opportunity to be a scam. If you want an investment that is a little safer than others then you can put all the money you have into Bitcoin. Buying Bitcoin will provide less risk than investing in altcoins which have very high risks.
You totally right my friend, everything comes with a risk in life and I already did and buying Bitcoin. But I want more. I dare to lose for win, and so far my investments has worked very well. I recommended SOL here before anyone mentioned it when it was around $30 and when it reached $100 everyone started to talk about it. I don't saying I am better then anyone because I am not. I just saying I got many projects I am in.
I was very skeptic to Retik. But it just sounded so good, so I invested a small amount and we will see where it leads. Maybe it will fly to the moon, Maybe they have some plan we don't know about. But one thing is sure that $32.5 they collected for the pre-sale has not been used on the token project (I know they planing other things to) but my guess is that they know if the release all pre-sale tokens now the token will die out in hours, because they sold the pre-sale so cheap in the beginning. And not all altcoin have very high risks, tho meme coins have. Take Solana for example the best investment the last 365 days by far and I think it will pass ETH in the future. It's all about study and knowledge and dare to lose. For me just buying bitcoin each week would be to boring.
Now it's 2024 and people get more educated about crypto so it will be more normal and normal.
Enjoy my friend.
Daily update: I found out the one that bought from pre-sale only will get 5% of their total tokens each week. So it will take 20 weeks for us to get all our tokens we bought, at least what rumors says. If so, that's crazy. What if in three weeks Retik is worth $15 and we want to sell it all, and in 20 weeks it's down to $0.5. It's obvious we got no power of our own coins.
They said they got $32.5M from the pre-sale but this token has not been invested in more then $100K from the team at max! But also they got other things they going at they say on the website so let's wait and see.
5% per week, hahaha, these guys cannot be serious.
They should rather just sell everything and let the price plummet so 0. This is just a slow death, basically letting their customers/backers bleed out slowly.
Funny how they come up with something like that AFTER the token is released. Well, I guess we all know why. If they published this info before nobody would have invested in this bs of a token.
You are probably right.
At one point of time I was tempted to invest into this coin as there was so much of hype and shill marketing but decided not to invest and I am happy I didnt invest into it as i believe there shouldn't be any capping for investors to sell their presale tokens and also they didn't list in any major exchanges which shows that their hype were just an marketing gimmick to pool in more investors.
The one that will be alive will see in the near future. What they doing is awful but I am pretty sure I will still go out with a win on this project. We will see in two days what they doing.
My investment was small but I had to do it.
But I am glad I created this thread and hope many investors will join the forum and come here and speak about their exp since Retik block the most people that ask legimit questions and never reply on e-mail.
So all of you, spread the word of this thread so retik buyers know it's a place with freedom of word where the can say whatever we think without getting banned or silenced.
This thread could be more alive the anything else if they would arrive here.
#RightisRightWrongisWrongGiveusWhatwePaidFor